Orange County NC Website
DocuSign Envelope ID:8F674E9C-DAEB-4497-A524-04A9CAEF22AC <br /> Statement of Appeal: Requested change in value of detached garage built in 2022 based on the <br /> comparison of similar garages built in Orange County in the same time period. <br /> Current Assessed Value $503,500 County Opinion $493,500 <br /> Time of Hearin 1:08 PM Appellant Opinion $492,000 <br /> County Representative Bill Hiltbold Board Decision $493,500 <br /> Evidence submitted by the appellant: <br /> • Comparison chart of detached garages built in Orange County from 2020 to 2022. <br /> Evidence submitted by the county representative: <br /> • Orange County Board of Equalization&Review summary providing the appellant's statement. <br /> The appellant has compiled a list of garages built from 2020 to 2022. They are all a lesser <br /> value per square foot than his which was built in 2022. The subject garage cost$74,000 to <br /> build and has a walk-up stairway to the unfinished second floor. <br /> Corrections and adjustments: <br /> ■ Proposal reducing the grades of a storage building from B+05 to B-05 and the garage from <br /> A+10 to B-05. These changes would reduce the value of the garage from$36,400 to $26,700 <br /> and total value of the yard items from$40,200 to $30,200. <br /> Appellant's opinion of value: $492,000 <br /> Current assessed value: $503,500 <br /> Proposed value: $493,500 <br /> • One photo of subject property. <br /> • Property record cards indicating before and after changes and values. <br /> • Comparison chart of detached garages built in Orange County from 2020 to 2022. <br /> • Copy of statement provided by appellant in Spatialest. <br /> • Comparison chart that reflects the change in value based on grade of structure. <br /> Motion of the Board To accept the County's revised value of$493,500 <br /> Made the motion Barbara Levine <br /> Seconded the motion Tony Blake <br /> Voted For Leon Meyers <br /> Voted Against <br /> Chair of the u&Signed by: <br /> Leon Meyers <br /> Goy 6/9/2023 <br />